Slim Chickens

6 Channing Way, Jackson, TN
Deal Type:
Net Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
Renewal Options:
Ten, 5 year options
Building Sq. Ft.:
3,300 SF
Rent Increases:
7.5% every 5 years
Site Size:
0.95 Acres

Investment Highlights

  • New construction 20-year absolute NNN Lease with attractive 7.5% increases every 5 years
  • Multi-Unit operator with 30+ years of QSR experience including personal guarantees from all partners
  • Excellent visibility along US Highway 45 seeing more than 46,000 vpd
  • Highly affluent sub-market in West Tennessee, with average household incomes in excess of $130,000
  • Located directly across from Union University (Private University with 3,400 students) and West Towne Commons (168,210k SF Target / Academy Sports anchored power center)
  • Located at the entrance of West Tennessee Healthcare North Hospital (150-bed hospital with 166 employees)
  • The primary trade area for a 13-county region providing employment, medical care, entertainment, retail, and services for approximately 400k People

Listing Agents

Jordan Williams

Senior Associate
205 209 5671

Adam English

Managing Director
256 694 9803

In Association with Scott Reid & ParaSell, Inc. | P: 949.924.6578 | A Licensed Tennessee Broker #264531

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